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The Importance of Lasting Powers of Attorney
What are LPAs? LPAs are documents where you appoint attorneys to look after your financial and / or health and welfare affairs for you, should either you want them to, or they need to, such as if you have lost mental faculties.
affairs for them, providing support and peace of mind, both for the person concerned and their family. I also strongly recommend LPAs for those who are regularly away from home, such as those in the military and frequently away on operations, exercise or postings, and those overseas on business.
There are two different types of LPAs: Property LPAs, both Financial and Health, are also extremely important if someone is in, or is & Financial Affairs and Health & Welfare. going into, care, again at any age. Who should have them? Many believe LPAs are only for the elderly. Summary However, I recommend them for all my clients, An LPA enables people, chosen by you, to help whatever age. Loss of mental capacity can you when you need help, for whatever reason. be caused by a number of reasons as well “It is rarely too early to prepare an LPA, but it as dementia, including accidents and other is, unfortunately, often too late.” illnesses (eg Covid). If you would like to discuss LPAs or related matters, please contact me on iain@ LPAs are also very important if someone has wanstallconsulting.co.uk or 01296 415700. not lost their mental faculties, but is unable to You can also find more information on my go outside and manage their own affairs, for website: www.wanstallconsulting.co.uk. whatever reason. (eg - due to illness or, as over “Keep busy, keep well and, above all, the last year, shielding or self-isolating.) An LPA keep smiling”! enables their attorney(s) to look after their
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We’re open as usual (working remotely) - give us a call to see how we can assist. Matt Ryan FCCA | Numbers Limited | 01296 620220 | info@numbers-ltd.co.uk 32 High Street, Wendover, Bucks, HP22 6EA | www.numbers-ltd.co.uk
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Wendover News May 2021
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